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Lot & Land

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Rose City Park

Portland, coined “the City of Roses” is world-famous for its extraordinary Rose Gardens, but the Rose City section is a small, little-known gem of a neighborhood in Northeast Portland. It borders the Beaumont-Wilshire, Cully, and Hollywood communities. Rose City was plotted for Portland maps in 1907, in time for the first Rose Parade, which still takes place every summer in downtown Portland.

VIBE AND STYLE

The Old-style Portland homes reflect the history of the area and have been well-kept over the last century. In addition to the homes built between 1920s-1940s, home styles include modern bungalows, English cottages, and classic ranches. The Rose City Golf Course, the second oldest municipal course in the city, is located in this area and provides beautiful scenery for a portion of the homes. The transit hub on NE 60th makes Rose City an incredibly easy place to commute to or from without a car, and its proximity to the 84 interstate is convenient for drivers.

LOCAL SCENE

Rose City is mostly a residential neighborhood with few commercial buildings. Residents of Rose City ensure that their neighborhood is a vibrant part of the city’s cultural landscape with an active neighborhood association that plans regular community events. Neighbored by the Hollywood district, one can spend a day discovering new eateries and shopping. Also nearby, NE Sandy will give one plenty of options for tasty Vietnamese food. At the north boundary of the neighborhood is NE Fremont, a food and drink haven.

OUTDOOR SANCTUARY

Perhaps the biggest draw of the area is Rose City Park, which was acquired in 1920. Go to the annual family event, Picnic-Concerts in the Park, or enjoy the walking and hiking paths and well-equipped sports court any day of the year. The neighborhood also includes Frazer Park, Normandale Park and the western part of the Rose City Golf Course, whose clubhouse was listed on the National Register of Historic Places in 2012.

Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.